[Selections by Humberto Barreto for SHOE list.]
nep-hpe <https://nep.repec.org/nep-hpe.html> New Economics Papers
<https://nep.repec.org/> on History and Philosophy of Economics
Issue of 2024‒04‒08
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>,
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. D-1 Spinozist criticism of Orléan&Lordon's thesis
<https://mail.google.com/mail/u/0/#m_8907418326682007450_p1> By Andre
Moulin <http://econpapers.repec.org/scripts/search.pf?aus=Andre%20Moulin>
2. Financialisation and demand and growth regimes: A review of
post-Keynesian contributions
<https://mail.google.com/mail/u/0/#m_8907418326682007450_p4> By Hein,
Eckhard
<http://econpapers.repec.org/scripts/search.pf?aus=Hein,%20Eckhard>; van
Treeck, Till
<http://econpapers.repec.org/scripts/search.pf?aus=van%20Treeck,%20Till>
3. Meritocracy and Inequality
<https://mail.google.com/mail/u/0/#m_8907418326682007450_p6> By Moisson,
Paul-Henri
<http://econpapers.repec.org/scripts/search.pf?aus=Moisson,%20Paul-Henri>
------------------------------
1. D-1 Spinozist criticism of Orléan&Lordon's thesis
<http://econpapers.repec.org/RePEc:hal:journl:hal-02529252>
By: Andre Moulin
<http://econpapers.repec.org/scripts/search.pf?aus=Andre%20Moulin> (CPN
- Centre Pierre Naville - UEVE - Université d'Évry-Val-d'Essonne -
Université Paris-Saclay)
Abstract: This article, while confirming the great interest of spinozist
approaches to the state and the currency of A. Orléan and F. Lordon,
discusses their analysis which seems to ignore The Reason. Two texts are
discussed: the description on the EHESS website of F. Lordon's seminar
"structuralism of passions", the article "Genesis of the State and Genesis
of the Currency " of A. Orléan and F. Lordon. This article is based on
article (B-2) "Fundamental Premises for any SHS" and above all on article
(A-3) criticising Spinoza's Reason and introducing multiple reasons in his
works. In the two texts discussed, Reason is never mentioned: on the one
hand there are feelings and on the other hand human institutions ("
Majuscule institutions", money, etc.). By taking up the Spinozist criteria
of the "true ", both (a-) the concept of the "State of a mercantile
nature", and (b-) the feelings lent to merchants, to explain the supposed
things put in place are not proven propositions, in the sense given in
Ethics, but premises to be accepted or rejected .... according to our own
feelings as readers. For our part, we accept them with pleasure. We accept
them more easily because we will then replace the Reason according to
Spinoza with the reasons we propose in the article (A-3) criticising
Spinoza's Reason and introducing multiple reasons in his works, before
mobilising them to better document the spinozist intuitions of these two
authors.
Abstract: Cet article, tout en confirmant le grand l'intérêt des
approches spinozistes de l'État et de la monnaie de A. Orléan et F. Lordon,
discute leur analyse qui semble ignorer La Raison. Deux écrits sont
discutés : la présentation sur le site de l'EHESS du séminaire «
structuralisme des passions » de F. Lordon, l'article « Genèse de l'État et
genèse de la monnaie »1 de A. Orléan et F. Lordon. Cet article repose sur
l'article (B-2) « Prémisses fondamentales pour toute SHS » et surtout sur
l'article (A-3) critique de la Raison chez Spinoza et introduction de
raisons multiples dans ses ecrits. Dans les deux écrits discutés, la Raison
n'est jamais évoquée: il y a d'une part des sentiments et d'autre part des
institutions humaines (« Institution majuscule », monnaie, etc..). En
reprenant les critères spinozistes du « vrai »2, aussi bien (a-) le concept
de « État de nature marchande », que (b-) les sentiments prêtés aux
marchands, pour expliquer les choses présumées mises en place ne sont pas
des propositions démontrées, au sens donné dans l'Éthique, mais des
prémisses à accepter ou à rejeter …. selon nos propres sentiments de
lecteur. Pour notre part, nous les acceptons avec plaisir. Nous les
acceptons d'autant mieux que nous remplaçons ensuite la Raison selon
Spinoza par les raisons que nous proposons dans l'article (A-3) critique de
la Raison chez Spinoza et introduction de raisons multiples dans ses
ecrits, avant de mobiliser ceux-ci pour mieux étayer les intuitions
spinozistes de ces deux auteurs.
Keywords: philosophie, Socio-économie, capitalisme, Spinoza, raisons,
sentiments, passions, monnaie
Date: 2024–02–22
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-02529252&r=hpe
2. Financialisation and demand and growth regimes: A review of
post-Keynesian contributions
<http://econpapers.repec.org/RePEc:zbw:ifsowp:285373>
By: Hein, Eckhard
<http://econpapers.repec.org/scripts/search.pf?aus=Hein,%20Eckhard>; van
Treeck, Till
<http://econpapers.repec.org/scripts/search.pf?aus=van%20Treeck,%20Till>
Abstract: We review post-Keynesian assessments of the macroeconomic
demand and growth impacts of financialisation. First, we examine the
channels of influence of financialisation on distribution and on the
different components of private aggregate demand, i.e. investment,
consumption and net exports. Since increasing shareholder power and
shareholder value orientation of management has been viewed as key to
understanding the macroeconomics of financedominated capitalism, we start
with the effects of financialisation in the context of the postKeynesian
theory of the firm and explain the other channels from there. An important
result is the emergence of 'profits without investment' demand and growth
regimes, for which we point out the condition based on Kalecki's profit
equation. The third section then turns to the post-Keynesian analysis of
the different variants of 'profits without investment' demand and growth
regimes in finance-dominated capitalism. We review the different levels of
analysis, the national income and financial accounting de-composition
approach as well as different attempts at identifying growth drivers. We
argue that these different levels of analysis are complementary for our
understanding of demand and growth regimes under financialisation.
Keywords: Financialisation, demand and growth regimes, stagnation,
post-Keynesian distribution and growth models
JEL: E12 E21 E22 E25 E44
<http://econpapers.repec.org/scripts/search.pf?jel=E12%20E21%20E22%20E25%20E44>
Date: 2024
URL: http://d.repec.org/n?u=RePEc:zbw:ifsowp:285373&r=hpe
3. Meritocracy and Inequality
<http://econpapers.repec.org/RePEc:tse:wpaper:129192>
By: Moisson, Paul-Henri
<http://econpapers.repec.org/scripts/search.pf?aus=Moisson,%20Paul-Henri>
Abstract: How do individuals behave in a society that rewards "merit",
despite not being all on the same starting line? Does inequality in head
starts make meritocracy undesirable?Attempting to answer these questions,
this paper develops a model of career concerns in which agents publicly
choose among several activities in which to exert e˙ort, and di˙er along a
privately observable characteristic ("head start") that a˙ects their
performance. The agents’ audience values talent, effort and head start. We
highlight two contrasting effects: a displacement effect by which the
"poor" (head start-wise) try to avoid a lower talent image and thus avoid
the activity chosen by the "rich", and a distinction effect by which the
rich try to reap a higher head-start image and thus avoid the activity
chosen by the poor. While displacement drags the poor towards activities
with lower incentives on effort, distinction pulls the rich towards
activities with higher incentives. Interpreting the model in terms of
"meritocracy", we emphasize how the dominance of displacement or
distinction can cause well-meaning policy interventions to backfire, and
make meritocracy desirable or not.
Keywords: Meritocracy; inequality; image concerns; displacement;
distinction
JEL: D2 D6 H2 J24 M5
<http://econpapers.repec.org/scripts/search.pf?jel=D2%20D6%20H2%20J24%20M5>
Date: 2024–03
URL: http://d.repec.org/n?u=RePEc:tse:wpaper:129192&r=hpe
------------------------------
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